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JAPAN STOCKS: Japanese shares have swung into in the
(Need to Know News Via Acquire Media NewsEdge) JAPAN STOCKS: Japanese shares have swung into positive territory in the final hour, bolstered by a weaker yen following an unexpected easing move by the Bank of Japan on Tuesday afternoon. Marine transport and real estate stocks are lifting the benchmark, with shipping line Kawasaki Kisen Kaisha Ltd (9107) rising 4.29% to Y170 as the best performer, while Sumitomo Realty & Development (8830) is climbing 4.42% to Y1679. But metals and electronics firms are weighing, with Pacific Metals Co Ltd (5541) sliding 3.73% to Y413, and consumer electronics maker Sony Corp (6758) falling 1.65% to Y1487. The Nikkei 225 Index is now gaining 0.63% at 9,056.32.
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